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Three Months Ended June 30, | Year-over-Year % Change | ||||||||
In millions, except percentages and per share amounts | 2020 | 2019 (1) | |||||||
Revenue: | |||||||||
Advertising | $ | 18,321 | $ | 16,624 | 10% | ||||
Other | 366 | 262 | 40% | ||||||
Total revenue | 18,687 | 16,886 | 11% | ||||||
Total costs and expenses | 12,724 | 12,260 | 4% | ||||||
Income from operations | $ | 5,963 | $ | 4,626 | 29% | ||||
Operating margin | 32 | % | 27 | % | |||||
Provision for income taxes | $ | 953 | $ | 2,216 | (57)% | ||||
Effective tax rate | 16 | % | 46 | % | |||||
Net income | $ | 5,178 | $ | 2,616 | 98% | ||||
Diluted earnings per share (EPS) | $ | 1.80 | $ | 0.91 | 98% |
• | Facebook daily active users (DAUs) – DAUs were 1.79 billion on average for June 2020, an increase of 12% year-over-year. |
• | Facebook monthly active users (MAUs) – MAUs were 2.70 billion as of June 30, 2020, an increase of 12% year-over-year. |
• | Family daily active people (DAP) – DAP was 2.47 billion on average for June 2020, an increase of 15% year-over-year. |
• | Family monthly active people (MAP) – MAP was 3.14 billion as of June 30, 2020, an increase of 14% year-over-year. |
• | Capital expenditures – Capital expenditures, including principal payments on finance leases, were $3.36 billion for the second quarter of 2020. |
• | Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $58.24 billion as of June 30, 2020. On July 7, 2020, we paid approximately $5.8 billion at the then‑current exchange rate for our investment in Jio Platforms Limited. |
• | Headcount – Headcount was 52,534 as of June 30, 2020, an increase of 32% year-over-year. |
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